American Metal Market, November 6, 2013
NEW YORK — A group of zinc industry veterans sees a unique opportunity in the pending shutdown of Horsehead Holding Corp.’s Monaca, Pa., zinc production facility, and intends to capitalize.
The recently formed Zinc Oxide LLC will produce zinc oxide at a 40,000-tonne-per-year facility in Dickson, Tenn. “Supplier changes have created an opportunity for a new company to fill a gap in the market for the need for zinc oxide,” Ed Smith, the company’s senior vice president of sales and marketing, said in a statement.
“The 40,000-tonne figure represents four furnace lines,” he told AMM. “We are going to bring one furnace up in June of next year and then expect to bring an additional furnace up every 30 to 60 days after that.”